#walrus $WAL @Walrus 🦭/acc
Brazil USA banking collaboration in crypto tokenized custody has gained attention of community.Nubank gets the US OCC approval for custodian in crypto transaction and by a tokenized banking charter. It has been confirmed by Brazil central bank. The bank has accumulated a revenue of 4 billion dollar and 39 percent year to year growth. The bank already has a 6 millions of users.
Despite these BRIC and US collabiration Indian bond has seen decline. The Ruppee has stalled around record low. To revive the Rupee RBI has injected 23 billion liquidity in the bond market by quatitative easing at market price.On the orher hand China has a 1.8 trillions of budget deficit. It is expected that M1money supply of BRICs country may decline to neutralize the inflation appreared from phillips curve abnormality.
why walrus protocol----
1.Red staff erasure coding
2. Single interface coding
3. Decentralized and multiple cookie nodes
4. Data availability proof
5. Byzantine fault tolerance
